Presenting Value Fund - Series 19 by ICICI Prudential Mutual Fund. A close-ended equity scheme providing #RisingBharat opportunities. Build Bharat | Financing Bharat | Rural Bharat

1. Presenting ICICI Prudential Value Fund- Series 19, A closed-ended equity scheme.

2. Structural Reforms in India
Source: www.india.gov.in. UIDAI: Unique Identification Authority of India
2012
UIDAI launched
online verification
and issuance of
Aadhaar Card,
Direct Benefit
Transfer based on
Aadhaar Card
initiated.
2014
Launch of Jan
Dhan Programme.
India’s Mission for
Financial Inclusion.
2015
Pradhan Mantri
Awas Yojana
launched with aim
to provide
affordable housing
for economic
weaker section.
2016
Demonetization:
Rs.500 and Rs.1000
bank notes ceased
to be legal tender.
2017
• Implementation
of Goods &
Service Tax.
• Issuance of
Bank
Recapitalization
Bonds.
• Announcement
of Bharatmala
and Sagarmala
Project.
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3. Reforms That May Impact Bharat
One Nation – One Tax:
Goods & Services Tax (GST)
Building Highway
Bharatmala Project
Increasing Financial
Transparency
Housing For All
Electrifying Rural India Recapitalization of Indian
Public Sector Banks
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4. Investment Opportunities
The asset allocation and investment strategy of the scheme is subject to the provisions of the Scheme Information Document. The sector(s)/stock(s) mentioned in this presentation do
not constitute any recommendation of the same and ICICI Prudential Mutual Fund may or may not have any future position in these sector(s)/stock(s).
Build Bharat Financing Bharat Rural Bharat
Opportunity to Invest in Rising Bharat
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5. Build Bharat: Government’s Thrust on Infrastructure
Mega Highway Project of building ~83,000 km roads over the next 5 yrs.
Capex Outlay of Rs. 6.92 lac crore
3500 km of Railway lines to be commissioned in FY-18 with Rs 1.31 lakh crore.
24,200 Railway lines to be electrified by FY-21 covering 90% of total route.
PMAY – Urban: 1.02 cr Units to be built
PMAY – Rural: 1.2 cr. Units to be built. Total outlay of Rs 3.12 lac crore
Electrification of ~40 mn. households by FY-18 under Saubhagya Scheme. Total
outlay of Rs 1.63 lac crore.
Source: Macquerie Research Oct 2017; PMAY: Pradhan Mantri Awas Yojana.
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6. Build Bharat
Source: India’s Road Sector Report by JM Financial Reseach, Oct 24th 2017. MORTH: Ministry Of Roads Transportation Highways, NHAI : National Highway authority of India, PMGSY: Pradhan
Mantri Gram Sadak Yojana, YOY: year on year, FY: Financial Year, Mn: Million, Mt: Million Tonnes
• In FY 17, projects awarded for 16,271 km. of roads(66% higher from previous peak of FY12).
• Future orders are expected to be around 16000 km/year over the next 2-3 years.
• 2,100 km of coastal roads expected to be built connecting coasts of India.
• Sagarmala Project will require 27 mn mt of cement, using approx. 7% of installed capacity.
Awarding Activity has registered 55% growth YoY Construction Activity has registered 35% growth YoY
27
5
9
22
29
45
FY 12 FY 13 FY 14 FY 15 FY 16 FY 17
Awarded Km(per day)
14
16
12 12
17
23
FY 12 FY 13 FY 14 FY 15 FY 16 FY 17
Construction Km(per day)
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7. Sectors To Be Impacted By Build Bharat
The stocks/sectors mentioned in this slide are only for illustrative purposes and should not be construed as an indication of the portfolio of the scheme. The stocks mentioned herein are a part of the scheme
benchmark i.e. S&P BSE 500 Index and do not constitute any recommendation/investment advice of the same. ICICI Prudential Mutual Fund and/or any of its schemes may or may not have any future position
in these sector(s)/stock(s). The portfolio of the scheme shall be created/modified as per the provisions of the Scheme Information document of the scheme. Please refer to the SID for investment pattern,
strategy and risk factors.' 7
ACC
Shree Cement
Tata Steel
JSW Steel
Larsen & Turbo
PNC InfratechCummins India
Triveni Turbine
Power Grid Corporation
POWER
CEMENT
STEEL
CONSTRUCTION
PROJECTS
BUILD
BHARAT

8. Rural Bharat
 Rural India accounts for over 65% of the total population.
 Rural India has been under stress: weak monsoons in 2014 & 2015, and a lack of policy support (low MSP
hikes).
 Rural recovery is expected due to good monsoon, low base and targeted government efforts.
Source: Report on Rural India as on Oct 2017, Motilal Oswal Research. MSP: Minimum Support Price.
Rural wage growth
Inpercentage
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9. Initiatives Impacting Rural Bharat
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PMAY– Gramin, GoI
plans to spend Rs
81975 crore between
2016-2019
Rs 16,320-crore
scheme to supply
electricity to all
households by
December 2018
E-market platform for
transparent commodity
transactions, It is expected
that farmers transacting
through here will get better
pricing power
Implementation of PMFBY
led to increase in gross
coverage area from 25%
in FY 2016 to 30% in FY
2017
PMKSY has been approved for
implementation across the country
with an outlay of Rs. 50,000 crore in
five years (2015-2020)
RURAL
ECONOMY
Source: PIB.nic.in, PMKSY - Pradhan Mantri Krishi Sinchayee Yojana; PMAY: Pradan Mantri Awas Yojana, PMFBY: Pradan Mantri Fasal Bima Yojana

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Chemicals
ConsumptionConsumer Durables
Auto
PI Industries
Pidilite Industries Ltd
ITC
Britannia Industries
Hindustan Unilever Ltd
Voltas Ltd
Whirpool of India
VIP Industries
The stocks/sectors mentioned in this slide are only for illustrative purposes and should not be construed as an indication of the portfolio of the scheme. The stocks mentioned herein are a part of
the scheme benchmark i.e. S&P BSE 500 Index and do not constitute any recommendation/investment advice of the same. ICICI Prudential Mutual Fund and/or any of its schemes may or may
not have any future position in these sector(s)/stock(s). The portfolio of the scheme shall be created/modified as per the provisions of the Scheme Information document of the scheme. Please
refer to the SID for investment pattern, strategy and risk factors.'
Sectors To Be Impacted By Rural Bharat
Rural
Bharat
Mahindra & Mahindra
Maruti

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• Larger than Expected Recapitalization Plan Positive for Public Sector Banks
• Recapitalization plan of Rs. 2.11 trn to revitalize the PSBs struggling with high levels of NPAs.
• We believe this is positive for state owned banks as two key constraints of loan growth and
capital shortage are addressed by recapitalization of PSBs.
• With this recapitalization, the banks are expected to meet any new borrowing requirement of
infrastructure led companies.
• Housing for all by 2022 could have a positive impact on Housing Finance and Banking Sector.
• Good monsoon coupled with green shoots visible in rural consumption may create demand in
sectors like vehicle financing and others.
Source: PIB; Motilal Oswal Securites Report; NPA – Non-Performing Assets; Trn: Trillion, PSB: Public Sector Banks
Financing Bharat

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67.7
73.8
82.2 82.6
79.2
90.0
86.3
72.8
73.5 73.3 74.1 73.5
69.0 68.8
70.2
72.6
Long Term AverageCapacity Utilization in (%)
The capacity utilization is below the long term average of 76%. As demand increases, the
corporates may look to increase their capacity.
Source: Kotak Securities data as on 31st March 2017
Financing Bharat

13. Financing
Bharat
Sectors To Be Impacted By Financing Bharat
The stocks/sectors mentioned in this slide are only for illustrative purposes and should not be construed as an indication of the portfolio of the scheme. The stocks mentioned herein are a part
of the scheme benchmark i.e. S&P BSE 500 Index and do not constitute any recommendation/investment advice of the same. ICICI Prudential Mutual Fund and/or any of its schemes may or
may not have any future position in these sector(s)/stock(s). The portfolio of the scheme shall be created/modified as per the provisions of the Scheme Information document of the scheme.
Please refer to the SID for investment pattern, strategy and risk factors.
Muthoot
Finance
Manappuram
Finance
Magma Fincorp
M&M Finance Services
SBI
Bank of Baroda
ICICI Bank
NBFC
Micro FinanceAuto Finance
Banks
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14. Set Stage for Future Growth
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Source: MFI Explorer. Returns are of S&P BSE Sensex. 1st working day for Start of the Year and Last working day for end of the year. Returns are in CAGR. *2017 returns are as on 30th Nov 2017.
Past Performance may or may not sustain in future. CAGR: Compound annual growth rate
Current Decade: India, one of the Fastest growing and large economies with
strong domestic demand but low decadal returns so far.
Set Stage For Future Growth
1981
21.3% CAGR
1990 Assassination of the Prime Minister
& Asian Debt Crisis.
1991
14.2% CAGR
2000 Trade Liberalization, 6 Prime Ministers,
Coalition Govts. Harshad Mehta’s Scam.
2001
17.8% CAGR
2010 Coalition Govts, Global Financial Crisis.
2011
7.15% CAGR
2017* Reform Oriented Stable Government.

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NFO Period : December 21st , 2017 to January 4th , 2018
Fund Managers*: S. Naren and Vinay Sharma
Aim to Benefit From Opportunities Arising Due To Rising Bharat,
Invest In
*Priyanka Khandelwal for investment in ADR/GDR/ Foreign securities.

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The asset allocation and investment strategy of the scheme is subject to the provisions of the Scheme Information Document. The sector(s)/stock(s) mentioned in this presentation do
not constitute any recommendation of the same and ICICI Prudential Mutual Fund may or may not have any future position in these sector(s)/stock(s).
ICICI Prudential Value Fund – Series 19
(1262 days close ended scheme)
Themes that can benefit from government reforms like Infrastructure,
banking & finance and rural consumption that are likely to play out well
with ~3.5 years investment horizon
Helps in bottom-up stock selection with clear ~3.5 years view
Ability to reduce net equity exposure risk at market peaks
Aims to limit downside of the portfolio by using hedging strategies

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Tenure : 1262 days
NFO Period : 21st December 2017 to 4th January 2018
MICR cheques : Till end of business hours on 4th January 2018
RTGS and transfer cheques : Till end of business hours on 4th January 2018
Switches : Switches from equity schemes and other schemes - 4th January 2018;
Till cut off time (specified for switch outs in the source scheme
Option to be launched : ICICI Prudential Value Fund - Series 19 – Cumulative & Dividend
ICICI Prudential Value Fund - Series 19 Direct Plan – Cumulative & Dividend
Entry / Exit Load : Nil
Minimum Application Amount : Rs.5,000/- (plus in multiple of Rs.10)
Liquidity : To be listed
Benchmark : S&P BSE 500 Index
Fund Managers* : Sankaran Naren and Vinay Sharma
*Priyanka Khandelwal for investment in ADR/GDR/ Foreign securities.
ICICI Prudential Value Fund – Series 19 Features

19. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer: All figures and data given in the document are dated unless stated otherwise. In the preparation of the material contained in this document, the AMC has used information that is publicly
available, including information developed in-house. Some of the material used in the document may have been obtained from members/persons other than the AMC and/or its affiliates and which may
have been made available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable sources. The AMC however does not warrant the
accuracy, reasonableness and / or completeness of any information. We have included statements / opinions / recommendations in this document, which contain words, or phrases such as “will”,
“expect”, “should”, “believe” and similar expressions or variations of such expressions, that are “forward looking statements”. Actual results may differ materially from those suggested by the forward
looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other
countries globally, which have an impact on our services and / or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange
rates, equity prices or other rates or prices etc.
The AMC (including its affiliates), the Mutual Fund, the trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to
direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. The recipient alone shall be fully responsible/are liable
for any decision taken on this material.
The sector(s)/stock(s) mentioned in this presentation do not constitute any recommendation of the same and ICICI Prudential Mutual Fund may or may not have any future position in these
sector(s)/stock(s). Past performance may or may not be sustained in the future. The portfolio of the scheme is subject to changes within the provisions of the Scheme Information document of the
scheme. Please refer to the SID for investment pattern, strategy and risk factors.
Investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to the units of ICICI Prudential
Mutual Fund. The Information contained herein should not be construed as a forecast or promise nor should it be considered as an investment advice.
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ICICI Prudential Value Fund – Series 19 is suitable for investors who are seeking:*
 Long term wealth creation
 A close-ended equity fund that aims to provide capital appreciation by investing in well-
diversified portfolio of stocks through fundamental analysis.
*Investors should consult their financial advisors if in doubt about whether the product is
suitable for them.
Riskometer & Disclaimer

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